At Emirates Global Islamic Bank, we remain devoted to providing you with a range of Shariah compliant yet highly competitive products to offer you halal alternatives to conventional banking. We continuously strive to ensure that your financial dealings are free from Riba (interest).

The Emirates Global term deposit is based on the Islamic concept of Mudaraba (Partnership). Under this arrangement the customer is the Rab-ul-maal (Investor) and the bank is the Mudarib (Fund manager). The deposit will be invested in profitable business ventures which are legal and Shariah compliant. The profit/loss will be shared as per a pre determined ratio. As fund manager the bank will be entitled to a part of the profit, whereas profit distribution amongst the depositors and the

shareholders will be made according to the weightage assigned at the begining of each month to their investments. Through this arrangement you can enjoy attractive profits strictly on halal terms.

It is our commitment to put your values foremost, hence providing you with banking solutions that are in line with your beliefs.

Salient features

• Flexibility to invest funds in different currencies
• Wide choice of tenors to suit your needs
• Convenient profit payment frequency options to suit your cash flows
• Non stop branch banking from 9 am to 5 pm (excluding Friday & Saturday)
• Profit can be withdrawn through more than 2000 ATMs of all banks all over Pakistan through 1-Link Switch.

Emirates Global products and services are approved by the bank's Shariah Advisor Justice (R) Khalil-ur-Rehman Khan, who has served as Chairman on the Shariat Appellate Bench of the Supreme Court of Pakistan and has been the Rector of the International Islamic University, Islamabad. In addition, he is the former Chief Justice of the Lahore High Court and has also been the Chairman of the Religious Board for Mudarabas. He authored the landmark judgment on Riba in 1999, on the basis of which new impetus was provided to Islamic Banking in Pakistan.

Levies: Fees and charges will be levied according to the prevailing Schedule of Bank Charges, whereas taxes and Zakat will be applicable according to Government regulations and directives of State Bank of Pakistan.